QUESTION 22 Use the information below for the following three questions: The following Information is available for De Bruyne Company for the month of January, and De Bruyne uses (1) average coating method under the perpetual system, and/or (2) LIFO coat flow assumption under the periodic system Beginning Inventory (January 1) Purchase (January 10) Sale (January 13) Purchase (January 28) Sale (January 30) Number of units 450 600 350 300 400 Unit Cost/Price ($) 40 45 72 48 74 What is cost of goods sold for January using the two different cost flow assumptions? Average Cost and Perpetual system LIFO and Periodic system (1) $30,021 $28,576 (ii) $31,576 $32,760 (it) $32,761 $34,650 (iv) $35,963 $36,020 0 (1) Click Save and Submit to save and submit. Click Save All Answers to save all answers. Saw MacBook Air QUESTION 23 3093 What is ending inventory on January 31 using the two different cost flow assumptions? Average cost and Perpetual system LIFO and Periodic system $26,640 $24.750 $27,824 $26,640 $29,370 $27,824 $23,437 $29,380 (ii) (iii) Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Air QUESTION 24 What is the amount of tax savings (after rounding) for January if De Bruyne uses LIFO periodic instead of average cost perpetual, assuming that the effective tax rate is 25%? $296 O $472 $888 $1,417 Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Air 20 FS F4 QUESTIONS The following information available w Quardiola Company 20.NO FIFO Inventory 2019 235.000 220,000 LIFO Inventory 230,000 217,000 Guardiola reports a $13,000 income before taxes in 2020 using LIFO, what would its 2020 income before taxes have been it used FIFO invertory wywierniew? $18.000 $15,000 $13,000 $11,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Air 999